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HB 343 Kentucky House · 2026 Regular Session

AN ACT relating to contributions made to a Kentucky qualified expense program.

Summary
Create a new section to KRS Chapter 141 to provide employers a tax credit for contributions to an employee's Kentucky Educational Savings Plan Trust account or STABLE Kentucky account; amend KRS 141.0205 to specify ordering of the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
Issues: ✗ Budget & TaxesOpposes Budget & TaxesCreates corporate tax credit, reducing state tax revenue and weakening budget through tax relief for businesses rather than public funding.95% confidence ✓ EducationSupports EducationProvides tax credit for employer contributions to education savings plans, expanding access to higher education funding and support.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Jan 21, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jan 21, 2026
Committee
to Appropriations & Revenue (H)
lower
Jan 13, 2026
Committee
to Committee on Committees (H)
lower
Jan 13, 2026
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.